Aveos Wins 5-year Repair and Overhaul Contract with Mexican Airline, Interjet

MONTREAL, May 16 /PRNewswire/ - Aveos is pleased to announce that it has signed a five (5) year contract with ABC Aerolíneas, S.A. de C.V., otherwise known as Interjet, of Mexico, to repair and overhaul all components on its growing fleet of 24 Airbus A320 aircraft. The agreement includes access to an inventory pool for Interjet as well as the placement of main base stock in Toluca, Mexico. Aveos will also support the development of Interjet's in-house component and repair capability.

"This contract is a great step forward for us, allowing Aveos to bring its expertise to a world-class airline such as Interjet," stated Jerry Kent, Vice President and General Manager, Component Solutions, at Aveos. "Our valuable experience on the Airbus A320 and inventory management will ensure that Interjet is getting the best-in-class service it expects."

Aveos began preliminary work with Interjet in late December 2010. The work will be performed at the new Aveos Component Solutions Facility in Montreal, Canada.  The facility has begun to come on stream and is planned to be completed mid-2011.  It will boast state-of-the-art enhanced equipment and ergonomics, making it one of the most advanced such repair facilities in North America. The 5-year contract opens the door to further potential work with Interjet as the airline expands its fleet of A320s from 24 to 40 by November 2012 and as Aveos expands its global client base.

About Aveos

Aveos is a full-service maintenance, repair and overhaul (MRO) provider of airframe, engine, component and maintenance solutions. From maintenance facilities across Canada and in El Salvador, we provide integrated service solutions to over 100 customers, while focusing on building a robust network of strategic alliances. Approximately 4,900 employees are committed to a tradition of providing world-class quality and expertise to customers across the Americas. To learn more, visit www.aveos.com

About Interjet

ABC Aerolíneas, S. A. de C. V. ("Interjet") is a 100% Mexican owned airline, which arises to offer the market a high efficient air transport service alternative with the best and most competent group of human talent in the Mexican air Industry.  Interjet is mainly engaged in providing domestic and international public air transportation services for passengers, luggage, correspondence, cargo, parcels and mail, as well as operating flight equipment. The Company also develops and operates centers for aircraft maintenance, and air and land personnel training. Through one of its affiliate companies, it is also engaged in providing ground transportation services from various locations to the airports at which it operates. To learn more, please visit www.interjet.com.mx

SOURCE AVEOS FLEET PERFORMANCE INC.

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